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Showing posts with the label India OTG market Trends

Commercial segment to dominate India OTG market through FY2027

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Cost-effectiveness of OTG and rising awareness is expected to drive the demand for India OTG market for the forecast period. According to TechSci Research report,   “ India OTG Market  By Capacity (Small, Medium, Large) By Power (Below 1,200 Watts, 1,200 to 2,000 Watts, 2,000 to 5,000 Watts, and Above 5,000 Watts) By Distribution Channel (Hypermarket/Supermarket, Multi-branded Electronic Stores, Online, Others) By Application (Residential, Commercial) By Company, By Region, Forecast & Opportunities, FY2027” , India OTG market is expected to witness steady growth for the next five years. OTG is short for oven, toaster and grill and it is a versatile electronic device and can be used for baking, toasting, and grilling. OTG uses heated coil to cook meals and requires less amount of time for setting-up. Thermostat installed in OTG ensures uniform heating of food for cooking purpose. The biggest benefit of using an OTG is that it consumes lower time as compared to microwave or a regular